According to Business Wire, Capgemini announced today a renewal of their relationship with HSBC for continued collaboration with HSBC’s Global Technology Centers. According to a self-serving press release Capgemini and HSBC are both the greatest, most wonderful organizations. What is wrong with the report? Capgemini supports HSBC key strategic businesses, including Consumer […]
NEW YORK — The U.S. arm of HSBC Holdings PLC said it will shuffle its senior management team, including replacing the head of its retail banking unit.
Martin Glynn, the 55-year-old chief executive of the U.S. retail bank, will retire at the end of the year, after 24 years with HBSC, the company said Monday.
His replacement […]
IBM to hire 14,000 in India: Report, Friday, 24 June , 2005, 21:07
New York: US tech giant IBM plans to increase its payroll in India this year by 14,000 workers, even as it cuts 13,000 jobs in Europe and the United States, a labor group said on Friday. IBM joins HSBC and […]
June 20, 2005 — CitiFinancial will close an Owings Mills, Maryland center that handles loan defaults and has about 110 employees. The layoffs - scheduled for the last two weeks of July, according to Maryland Department of Labor, Licensing and Regulation - follow the closing last year of a back-office support center with 116 workers […]
Kambay International (proposed: KBAY) began the road of completing an IPO, with its filing today with the Securities and Exchange Commission. The firm is a global provider of information technology or IT services dedicated to the financial-services marketplace. As the name implies, some of the firms IT operations are located in labor-cheap India.
The company, in […]
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